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Why North Tyneside?

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Why North Tyneside? Inves t | 03 CONTENTS WELCOME TO 03 | WELCOME NORTH TYNESIDE 04 | WHY NORTH TYNESIDE? 06 | WORLD CLASS PREMISES 09 | WELL-CONNECTED HOME TO SOME OF THE BIGGEST NAMES 10 | PRODUCTIVE PEOPLE IN BUSINESS, AS WELL AS FAST-GROWING, 13 | FANTASTIC QUALITY OF LIFE INNOVATIVE START-UPS. | 14 KEY SECTORS With two of the UK’s most successful office parks and two Enterprise Zone sites. ADVANCED MANUFACTURING FINANCIAL, PROFESSIONAL AND BUSINESS SERVICES Awash with highly-skilled people and connectivity that keeps business booming. DIGITAL This is an easy choice for companies looking for a top-class UK destination. ENERGY OTHER SECTORS If it sounds like North Tyneside’s for you, get in touch with our team, who can HEALTHCARE AND LIFE SCIENCES help you make the move. CONSTRUCTION 24 | HOW WE CAN HELP 04 | | 05 WHY NORTH TYNESIDE? THERE ARE LOTS OF REASONS WHY NORTH TYNESIDE IS THE PERFECT PLACE TO BASE A BUSINESS. HERE ARE JUST A FEW: WORLD-CLASS PREMISES OUR TWO ENTERPRISE ZONE A COMMITTED, LOYAL SKILLS AND TRAINING A COLLABORATIVE REGION QUALITY OF LIFE From office places to industrial spaces, SITES AND BUSINESS PARKS WORKFORCE Our four local universities of North Tyneside and the North East North Tyneside has a perfect mix of we’re home to market-leading, modern, Two sites in North Tyneside have been The North East is famed for the Newcastle, Northumbria, Sunderland have deserved reputations for their coastal, rural and urban living and flexible and affordable business hubs. granted Enterprise Zone status. The warmth, friendliness and loyalty of and Durham provide world-class tight-knit business communities. Both offers an outstanding quality of The UK’s largest office park and a Swans Offshore Energy Park and the its people. Brand barometer, Cool education to over 85,000 students. are places where companies work life. Affordable family and executive business park offering one of the Port of Tyne North Estate are part of Brands, lists the Geordie accent as Once graduated, around two-thirds hand-in-hand to support one another, housing, high-performing schools, country’s most attractive location the overall North East Low Carbon and one of the best regional accents for choose to stay in the region, providing and there is a collaborative spirit that stunning beaches, vibrant town packages are both in North Tyneside. Advanced Manufacturing Enterprise sales and customer services. Perhaps a reliable pipeline of fresh talent year spurs on regional economic growth. centres, an enviable arts and culture Zone. Together, the Enterprise Zones that’s why businesses here enjoy such after year - skills on tap for businesses sector, a range of top-class sporting The area is home to the UK’s largest are expected to create more than success. Just ask brands like EE, DXC looking for bright minds to add spark venues and beautiful open spaces WELL-CONNECTED Chamber of Commerce; software and 7,000 new jobs by 2022. Technology, Concentrix, Tesco Bank to their team! combine to make this an ideal place to By air, sea or land, North Tyneside is a and Insurethebox who have located digital organisations like Software City live as well as work. gateway to the rest of the UK, Europe Cobalt Park is the UK’s largest office in North Tyneside to take advantage and Dynamo; cluster networks like the and beyond. An international airport park and has restaurants, shops and of the low attrition rates, motivated RESEARCH AND INNOVATION North East Automotive Alliance, NOF provides links to London and the world cinemas on its doorstep. A total of workforce and the famously happy Our universities don’t just give Energy and NEPIC and a great many and easily accessible ferry and cruise 450 bus journeys pass through Cobalt staff who deliver fantastic customer companies a steady supply of well- other groups that are set up to foster terminals are on our doorstep. North each day making commuting to work service. trained talent – Innovation Hubs linked innovation and connect like-minded Tyneside also offers an excellent, low- easy for staff. Meanwhile, Quorum to the universities bring together businesses. There are also significant congestion road network, with ease of Business Park’s cutting edge offices research and development activity, funding pots available in the North East access to major trunk roads, the A19 deliver flexibility and one of the most as well as spin-off companies and for companies to get up and running or and A1. cost effective financial packages in the facilities. ORE Catapult, Tyne Subsea, scale up their businesses. country. the National Innovation Centre for Data If you’re travelling by rail, the Tyne and Sunderland’s FabLab are among and Wear Metro links directly to the wide range of R&D facilities that Newcastle’s Central Station. This BY AIR, SEA OR LAND, NORTH TYNESIDE businesses in the area can tap into. provides easy access to the East Coast mainline offering fast connections to IS A GATEWAY TO THE REST OF THE UK, major cities around the UK, including London and Edinburgh. EUROPE AND BEYOND. 06 | | 07 WORLD-CLASS PREMISES WHATEVER YOUR BUDGET, NO MATTER HOW BIG OR SMALL, NORTH TYNESIDE CAN OFFER THE PERFECT HOME FOR YOUR BUSINESS. Whether you’re looking for a stylish There is also a wide range of industrial HQ, a small office for your ambitious space available for investors, at new start-up or a large industrial competitive rates compared to other facility with excellent connectivity, UK cities. Industrial rents in the region North Tyneside has the solution. We’re are 59% cheaper than London, 35% home to more than 50 business sites, less than Edinburgh, 21% cheaper including the country’s largest and than Manchester and 19% lower than most successful office park, meaning Birmingham. we have something for every kind of business. Some of our most Competitive rates and running costs popular sites include: associated with the North East means that businesses can operate efficiently, from premises that come with the connectivity and facilities that make them world-class business bases. North Tyneside has an array of available Grade A office premises that offer significant cost savings. Rents are 76% cheaper than London, 51% less than Manchester, 34% less than Cardiff and 30% lower than costs in Glasgow – and you don’t need to compromise, as North Tyneside comes with excellent benefits as well as competitive rates. COBALT PARK STELLIUM DATA CENTRE QUORUM BUSINESS PARK TYNE TUNNEL ESTATE If you want to know just how good the Stellium, based on Cobalt Park, is Home to some of the UK’s best- This well-established commercial OFFICE PREMISES IN most successful office park in the UK the largest purpose-built data centre known businesses, Quorum is another hub comprises industrial, storage, is, just ask some of the many blue-chip campus in the UK. Offering the power, successful business park in North distribution and office space. It also NORTH TYNESIDE COST... companies based on Cobalt: Procter space and flexibility to meet today’s Tyneside creating over 5,000 jobs in has 40 acres of land available for & Gamble, Accenture, Siemens, IBM business requirements, whether it is the area. The park boasts a range of development. 76% LESS THAN LONDON and Santander are just some of the scale hosting and e-commerce or cloud leading businesses with Balfour Beatty, The estate is ideally placed, just off the big-name brands that have chosen to computing, advanced analytics and Engie, Ebiquity, British Engines, Sitel A19 Tyne Tunnel approach road and LESS THAN MANCHESTER make it their home. support for the Internet of Things. and Greggs’ headquarters among its 51% minutes from the Port of Tyne, giving The campus occupies some 118,403 portfolio. Cobalt is one of the best-connected it excellent access to the rest of the LESS THAN CARDIFF sq ft of net technical space and 34% and most sustainable parks in the Quorum is less than four miles from North East and beyond. comprises 12 individual IT halls within country and once fully occupied, it is the centre of Newcastle, enjoys LESS THAN GLASGOW three separate data centres. Within the estate, the Axis 19 30% expected some 18,000 people will excellent transport links and also development offers an additional work there, all of whom will enjoy Each data centre has been completed benefits from an on-site sports club, 215,000 sq ft of industrial a range of exclusive staff benefits to a powered shell standard, in order to cafes and training facilities – all of INDUSTRIAL RENTS IN accommodation, while the new including onsite amenities, activities facilitate bespoke fit-out. In addition, which make it a hugely attractive Intersect 19 development boasts NORTH TYNESIDE COST... and events, plus lifestyle and travel the site has the benefit of new and location for ambitious businesses that 300,000 sq ft of high bay units for discounts. advanced connectivity to the UK fibre want to attract the best talent. industrial, commercial or distribution 59% LESS THAN LONDON backbone network, providing the For more information visit For more information visit purposes. highest levels of speed and capacity. www.cobaltpark.co.uk www.quorumbusiness.co.uk 35% LESS THAN EDINBURGH Companies already located on the For more information visit estate include Maersk, SMD, AIS, www.stelliumdc.com 21% LESS THAN MANCHESTER Aquatran, Fishers and Bay Plastics. For more information visit LESS THAN BIRMINGHAM 19% www.investnorthtyneside.co.uk 08 | | 09 WELL-CONNECTED MOST BUSINESSES THAT HAVE CHOSEN TO LOCATE IN NORTH TYNESIDE WILL TALK OF ITS EXCELLENT CONNECTIVITY – A MAGNET-BOROUGH THAT CAN ATTRACT TALENTED PEOPLE FROM ACROSS THE NORTH EAST, AND THAT ENJOYS EXCEPTIONAL LINKS TO THE REST OF THE UK AND THE WORLD.
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